So many positive indicators out there just makes our recent sp action here even more unfathomable, ?
Anyhow, lets see what the presentation brings.
FWIW I carried out my intention and picked up some more today for my sins, they're in the bottom draw for now ..
If anything like that NPV can be realised, which I believe it can, this works, period.
As we all know the DM is always right.
ALL sits top of weeks AIM fallers, fair enough. Comment / reason is given as broker has cut target.
Is this a fact or an error, could someone confirm which broker and what target has come down from. Thx
Unbelievably considering how I felt earlier in the week, I'm gonna pick up some more Monday if this price holds. Despite all the endless bumps, the asset stands, the case stands, and it's becoming clear to me that hard rock is the place to be, even better than brines. ML is a given now imo, there's too much traction for Govt to do anything silly. Last statement not made flippantly, based on wide evidence, interviews and so forth.
The reaction to the dfs really shook me, to the point I haven't been minded to post. Provisionally I was actually really annoyed about the 2 crux issues, the increased capex, and extended timeliness, to the point of feeling betrayed. I've been here a long time and spent time researching.
As I've digested the reasoning, I've eased. John Meyers podcast comments have helped (me anyhow) hugely. It might help others. My biggest fear is dillutive raising, it's classic AIM. However it appears we won't need to. I think the 75mill cheque JM refers to was us. We might still raise, but not destructively so.
I think we're gonna be OK, but it's been a really tough reaction to swallow. Really didn't expect to be at 25 after the dfs. No-one did. ATB
Always happy to here from our fellow investors in Oz
Don't know how HC is treating you, as u can see LSE board is rampant LOL
No worries, to be honest its all been said, we need something to land now then get debating. Avid reading 'soon' ! ATB
This price just ain't acting like good news is about to land
We could do with a confidence boost to be brutally honest
Hmm. Its difficult when you believe in something, yet still still don't wan to be blinded. Wasa you shouldn't have written that post about losing a large sum when a license didn't materialise. It resonated with me.
We're good here, or so the storey goes ..
LOL exactly.
Guys, I don't happen to think its quite there. But in the grand scheme a week or 2 really doesn't matter.
However no doubt we are all so keen to get into it;
Neil, can u just send me a draft? that'll do :)))
Its always good viewing
Being completely objective, I just wonder how truly independent they are. They are self confessed Li bulls, one almost needs to balance it with a 'Li bears' podcast. Listen, I'm a bull, I like them, do we all here what we want to here is all I'm sayin. In fairness as they always caveat, not investment advise and DYOR, so like all sources, not to be used in isolation.
Yep - painfully range bound. 'welded' to 31 :)
I'm just not sure anything is gonna easily shift it in current environment apart from ML
However, post dfs, some more IIs may be able to tick off enough DD and come on board, so rather than immediate rise, a gradual pick up post dfs? know soon enough. DGR still represent a joker in pack, who knows where where they're at, they're not out yet ..
I'm not in it and know little about it other than sounds like not for faint hearted
Another salutary reminder, if one were needed, Blue Orca, about AIM and the sector we are in here, and keeping it real / within limits. Course it depends what your average is over there given recent gains, off topic
Anyhow back to us, so Mondays out - '#strike1' :)
It's good to talk while we wait, and several things could put a total rocket under it.
Here's another tack. 3% tenure drilled, not 30, 60 ... 3. No one talks about that enough.
People talk in hushed tones about 70mT. Sure, if there's not much else 'there'. The data infers something quiet different, deep, widening ore bodies. NH said its the most exciting project he's ever worked on if I recall. Neil possibly a bit of saleman (like many a CEO - KP), however I happen to think we could end up with with a huge situation on our hands resource wise. And I am genuinely excited about that, beyond the first production.
Of course, when we hit resource milestones above say 50mT, refining kicks in, Ghana want it. Then we're off to the races. Just how I see it. DFS next.
Teddy whilst I'd love ur prediction to come true, the market is weak atm. I don't think the retail money is there.
That sounds gloomy, not meant to be, I just think we'll need to wait for ML. I'm hugely positive , but atm market wise, I'm not sure the dfs will be the value accrediting event we crave. IIs will need more derisk to come in imo.
If I'm wrong, then great. Would love to be wrong.
Good to read thoughts, heres another
Whilst we are an internationally focused Company, we are listed in the UK (albeit elsewhere as well)
Whats dawning on me is, domestically, vis a vis interest rates, we are entering choppy waters. Unfortunately our timing in that regards is unfortunate. Macro Li EV transition, world Li demand great, but UK investors are feeling the old fashioned pinch, its looking shaky UK wise.